One of my downline is a finacial engineer and wrote this email to me – very powerful;
based on the stats from here:
it's actually 12.5 blocks per 10 minutes as of 2016, but it gives the equation…plug in info from here:
which is that the global rate is currently 10,000 Peta-Hashes per second and the info from here:
they're (BITCLUB) doing 290 Peta-Hashes per second
which is a F*** of a lot – it's three PERCENT of the world's bitcoin mining, accessed through one web portal…
so that means three percent of 12.5 blocks per 10 minutes… do a bit of maths and that means they're mining 43 bitcoins per month.
that's total – assuming USD 10,000 / BTC – 430 thousand US per month and exponentially rising due to the increase in BTC value.
ok so the question is, i haven't worked out the amounts yet, what's the total number of shares, by everyone, in this pool?
according to this:
the top-of-the-line ASIC Miner is the Antminer 89, capable of 14 Tera-Hashes per second. it's priced at $USD 2500. soOo… in effect, i just bought one of those ($3500 into bitclub).
14 TH/sec is 0.014 PH/sec. so… 1.4e-6 worth of the world's bitcoin mining. a bit of math…. we're looking at 0.1 bitcoins per month out of that 14 TH/sec Antminer 89.
soOoo…. anything better than a payout of 0.1 bitcoins per month, where 0.1 bitcoins per month is, at current rates assuming 10k US / Bitcoin, is around USD 1000 a month, means we got a f****ing good deal.
that's not taking the MLM effects into account.